New York Senate Bill 8804 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on July 17 2020 - 25% progression, died in committee
Action: 2020-07-17 - REFERRED TO RULES
Pending: Senate Rules Committee
Text: Latest bill text (Introduced) [HTML]

Creates a COVID-19 interim finance authority in relation to restructuring debt; establishes a COVID-19 interim finance authority to issue upon the request of an eligible New York county, village, town or school district bonds, notes or other obligations in one or more series including bonds, notes or other obligations issued to restructure or refinance general obligation debt, to prepay pension amortization, to pay the cost of issuance of such bonds, notes or other obligations, and bonds, notes or other obligations issued to refund or otherwise repay such bonds, notes or other obligations previously issued; makes related provisions.

Creates a COVID-19 interim finance authority in relation to restructuring debt; establishes a COVID-19 interim finance authority to issue upon the request of an eligible New York county, village, town or school district bonds, notes or other obligations in one or more series including bonds, notes or other obligations issued to restructure or refinance general obligation debt, to prepay pension amortization, to pay the cost of issuance of such bonds, notes or other obligations, and bonds, notes or other obligations issued to refund or otherwise repay such bonds, notes or other obligations previously issued; makes related provisions.

Sen. John Brooks [D]

Date	Chamber	Action
2020-07-17	Senate	REFERRED TO RULES

A11088 (Same As) 2020-10-07 - referred to local governments

Type	Source
Summary	https://www.nysenate.gov/legislation/bills/2019/S8804
Text	https://assembly.state.ny.us/leg/?default_fld=&bn=S08804&term=2019&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S08804